Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Fletcher Challenge Forests Share Price

AUCKLAND, 20 April 2000 – In response to the 14 cent increase in the price of the Fletcher Challenge Forests share, to 80 cents, over the past two days, the Chief Executive Officer of Fletcher Challenge Limited, Mr Michael Andrews, advised the New Zealand Stock Exchange today that the Company knew of no reason for the movement.

While reiterating the Board’s commitment to dismantling the Fletcher Challenge Group’s targeted share structure by the end of Calendar 2000, Mr Andrews said that “while considerable work was being progressed in Building, Energy and Forests, there was nothing imminent to be announced in relation to any of these shares. We undertake to keep shareholders informed of progress” he said.

ends

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.